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The global precision farming market to a stupendous 12% CAGR from 2019 to 2029. Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections of the Precision Farming market, both at global and regional levels. The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Precision Farming market.

Besides, the business intelligence incorporates evaluation of global market both in terms of value and volume – mn/bn USD and x units. Additionally, a comprehensive analysis of key regions, with their potential for growth, strengths and weaknesses details, and strategic importance is detailed out in the report. This information helps identify high growth regions that players would benefit by keeping a keen eye on.

After reading the Precision Farming market report, readers get insight into: 

  • Major drivers and restraining factors, opportunities and challenges, and the competitive landscape
  • New, promising avenues in key regions
  • New revenue streams for all players in emerging markets
  • Focus and changing role of various regulatory agencies in bolstering new opportunities in various regions
  • Demand and uptake patterns in key industries of the Precision Farming market
  • New research and development projects in new technologies in key regional markets
  • Changing revenue share and size of key product segments during the forecast period
  • Technologies and business models with disruptive potential 

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The Precision Farming market report offers assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period. Key regions covered comprise: 

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
  • Europe (Germany, Italy, France, U.K., Spain, Benelux, Russia, Rest of Europe)
  • East Asia (China, Japan, South Korea)
  • Japan
  • APEJ (China, India, Indonesia, Thailand, Singapore, Australia & New Zealand, Rest of Asia Pacific)
  • South Asia & Oceania (India, Thailand, Indonesia, Malaysia, Australia & New Zealand, Rest of South Asia & Oceania)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa, Rest of Middle East & Africa)

The evaluation of the competitive landscape in the Precision Farming market covers the profile of the following top players:

  • Deere & Company
  • Trimble
  • Agco
  • Ag junction
  • Raven Industries
  • AG Leader Technology
  • Others

To expand the understanding of opportunities in the global Precision Farming market report looks at close quarters into the opportunities and new avenues in following key segments: 

  • Hardware
  • Software
  • Services

In addition to understanding the demand patterns of various end users, the report on the Precision Farming market also enumerates trends expected to attract investments by other various associated industries.

On the basis of Application types, the Precision Farming market report offers insight into major adoption trends for the following segments:

  • Yield Monitoring
  • Field Mapping
  • Crop Scouting
  • Weather Tracking & Forecasting
  • Irrigation Management
  • Inventory Management
  • Farm Labor Management
  • Others

By Technology type,

  • Guidance System
  • Remote Sensing
  • Variable-Rate Technology

The global Precision Farming market report offers detailed assessments and quantitative evaluations that shed light on numerous key aspects that have shaped its evolution over the historical period. In coming years, some of the key aspects that will shape the growth prospects during the forecast period are objectively covered in the study.

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Some important questions that the Precision Farming market report tries to answer exhaustively are: 

  • Key strategic moves by various players in the Precision Farming market in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares.
  • Which strategies will enable top players in the Precision Farming market to expand their geographic footprints?
  • Which new business models are expected to change the course of growth of key regional markets in near future?
  • Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants?
  • Which products segments have in recent years have seen new, lucrative application areas?